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Gaming industry produces more than half of Macau’s GDP

2019-11-21

The Statistics and Census Bureau (DSEC) announced on Wednesday that gaming and junket businesses now produced 50.5 percent of Macau gross domestic product (GDP) at producers’ prices.

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SEA internet economy to reach $240 bln by 2025

2018-11-22

The Southeast Asia internet economy is set to reach over $240 billion by 2025, driven by a highly engaged internet user base, according to a report fr

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Macau economy grows 1.6 pct in 18Q3

2018-11-21

Macau recorded a 1.6 percent increase in GDP in the third quarter of 2018, with slower paced growth due mainly to a slowdown in growth in exports of s

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Macau GDP boosted by gaming and tourism services growth

2018-08-27

Macau gross domestic product (GDP) grew by 7.6 percent year-on-year in the first half of 2018, driven by increased exports of gaming and tourism servi

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Fitch maintains Macau AA- rating

2017-02-26

Fitch Ratings is expecting Macau’s GDP to grow 2.5 percent in 2017, supported by improving gaming revenues from new resort openings. In a note on Mo

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Macau GDP figures see improvement in 16Q2

2016-08-30

Macau’s gross domestic product (GDP) slumped 7.1 percent for the second quarter of the year, according to the latest data released by the Statistics

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Macau economy bottoming out: Monetary Authority

2016-08-02

Macau’s economic contraction may be bottoming out as the gaming industry begins to stabilize, says the Monetary Authority of Macau in its latest qua

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Macau real GDP to contract 5.9 percent: EIU

2016-06-20

Macau’s real GDP will contract by 5.9 percent this year, said the Economist Intelligence Unit (EIU) in a report published on Monday. “We continue

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Macau GDP down 13.3 percent

2016-05-30

Macau’s gross domestic product (GDP) shrank by 13.3 percent year-on-year in the first quarter, according to the latest data from the Statistics and

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Moody’s to consider downgrading Macau’s Aa2 rating

2016-03-13

Moody's Investors Service says it will be reviewing Macau’s Aa2 government issuer rating, with the view to lower it due to declining gaming revenues

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Fitch gives Macau ‘AA-’ rating, says outlook stable

2016-03-10

Fitch Ratings has affirmed Macau’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'AA-' with a Stable Outlook, according to

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Macau fourth quarter GDP down 14.4 percent

2016-03-02

Macau’s fourth quarter GDP fell 14.4 percent in 2015, caused by the continuous decline of inbound tourism and gaming services due to China’s anti-

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Smoking lounges could stem potential GDP decline: KPMG

2015-11-23

If smoking lounges in Macau casinos are retained the city’s GDP may only decrease by 0.71 percent compared with a potential decline of 16 percent if

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Macau GDP to fall 16 percent in 2015: Fitch

2015-09-05

Fitch Ratings expects Macau's economy to shrink by 16 percent year-on-year in real terms in 2015 after a 15Q2 GDP quarter-on-quarter decline of 6.4 pe

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Macau economy to shrink 15 percent in 2015

2015-07-26

Macau’s Monetary Authority predicts the economy will contract by around 15 percent this year, following a 24.5 percent gross domestic product (GDP)

Macau top economy in Asia-Pacific in 2014

2015-07-07

Macau was the top-performing metropolitan economy in Asia-Pacific in 2014, according to a survey by the Washington-based Brookings Institution. The ci

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Macau economy to grow again in 2016: EIU

2015-06-15

The Economist Intelligence Unit has predicted Macau’s economy will start growing again in 2016, with real growth of 5.3 percent, according to the la

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Macau negative economic growth to narrow in 15Q2 and 15Q3

2015-06-09

A Bank of China think tank expects negative economic growth for 15Q2 and 15Q3 to narrow as gross gaming revenues stabilize after 12 months of declines

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Macau economy shrinks nearly 25 percent in 15Q1

2015-05-27

Macau’s economy shrank 24.5 percent in the first quarter of 2015 compared to the same period the year before, and down further from the 17.2 percent

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